Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of SoundHound AI Inc (NASDAQ: SOUN) was $10.53 for the day, down -4.01% from the previous closing price of $10.97. In other words, the price has decreased by -$4.01 from its previous closing price. On the day, 37.22 million shares were traded.
Ratios:
Our analysis of SOUN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.92 and its Current Ratio is at 4.92. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on May 27, 2025, initiated with a Overweight rating and assigned the stock a target price of $12.
On November 13, 2024, Ladenburg Thalmann Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $7.
Cantor Fitzgerald Upgraded its Neutral to Overweight on August 09, 2024, whereas the target price for the stock was revised from $5 to $7.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 14 ’25 when STONEHOCKER TIMOTHY sold 44,157 shares for $12.00 per share. The transaction valued at 529,884 led to the insider holds 723,009 shares of the business.
HOM JAMES MING sold 3,815 shares of SOUN for $38,150 on May 12 ’25. The Chief Product Officer now owns 637,090 shares after completing the transaction at $10.00 per share. On May 12 ’25, another insider, JAMES M HOM, who serves as the Director of the company, bought 3,815 shares for $8.98 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 41.38 while its Price-to-Book (P/B) ratio in mrq is 10.65.
Stock Price History:
Over the past 52 weeks, SOUN has reached a high of $24.98, while it has fallen to a 52-week low of $3.82. The 50-Day Moving Average of the stock is 13.60%, while the 200-Day Moving Average is calculated to be 10.08%.
Shares Statistics:
A total of 368.87M shares are outstanding, with a floating share count of 359.76M. Insiders hold about 10.45% of the company’s shares, while institutions hold 41.02% stake in the company.
